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Jan 21, 2013
01/13
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they decided to get off the track of fighting him on raising the debt ceiling. they're still going to negotiate that path. they have to vote, look at the first daughter. reflect the public's desire. cut government spending to compromise while thinking ahead to their own political calendar and trying to push the president where they can, where they think it's appropriate. >> this is as decent a measure as how far we've come in four years ago any. everyone looking at the first daughters, saying how big they've grown in four years. >> they seemed like little girls four years ago and now they are young ladies. >> and notably out of the spotlight, which is just how their mother and dad want. sasha needed a box to stand on last time. no more. >> her older sister is strikingly tall. she moves around the corridors of school. >> and their grandmother, michelle obama's mother is there, also. we don't really get to see enough of her. >> as is her wish. everyone around me just says what a terrific president is around the white house. it makes it feel like home, makes it fee
they decided to get off the track of fighting him on raising the debt ceiling. they're still going to negotiate that path. they have to vote, look at the first daughter. reflect the public's desire. cut government spending to compromise while thinking ahead to their own political calendar and trying to push the president where they can, where they think it's appropriate. >> this is as decent a measure as how far we've come in four years ago any. everyone looking at the first daughters,...
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Jan 21, 2013
01/13
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>> i think so, i think the debt ceiling struggle is probably a loser. the public has been convinced i think to some extent by what amounts to false information, that flows out of the white house and other quarters and throughout too much of the media, that the failure to raise the debt limit would mean an automatic default on international debt which is not true, but, nonetheless, scary. and, i think they didn't want to face that. they didn't do well the last time and have chosen a strategy to use this to get the senate, indirectly to pass a budget, which would be kind of historic, sips it has not happened in several years. and would at least shift the focus away from themselves and as for fighting on the continuing resolution to keep the government only or the sequester, it remains to be seen what strategy, actually how they'll frame all of that. i'll be interested to see that. >> chris: liz, when i talked with david plouffe he made it sound so reasonable. well, you know, republicans will have to agree to some of the cuts they were suggesting, loophole
>> i think so, i think the debt ceiling struggle is probably a loser. the public has been convinced i think to some extent by what amounts to false information, that flows out of the white house and other quarters and throughout too much of the media, that the failure to raise the debt limit would mean an automatic default on international debt which is not true, but, nonetheless, scary. and, i think they didn't want to face that. they didn't do well the last time and have chosen a...
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Jan 20, 2013
01/13
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i know that they pushed back the debt ceiling for about three months, i believe. i was wondering if there was any chance for congress and the president to foster more bipartisanship during the second term? >> i think that will be a major theme of his speech tomorrow. i think he will be speaking out, once again, across the aisle to call for the reaching of common ground on these major issues, like the debt ceiling, the budget, gun-control, immigration, tax reform, those kinds of things. i think it is true that we have a divided government now. it has been a difficult four years, but president obama is a natural conciliate her -- conciliation person, and he will make that a big theme of his second term. i think you will hear some of that tomorrow. >> this is from this morning's "washington post." you can draw an analogy to two former president, franklin roosevelt and dwight eisenhower, finding parallels to what fdr delivered in his second address in 1937, and what eisenhower faced in 1957. >> the roosevelt second inaugural address is interesting to read because it r
i know that they pushed back the debt ceiling for about three months, i believe. i was wondering if there was any chance for congress and the president to foster more bipartisanship during the second term? >> i think that will be a major theme of his speech tomorrow. i think he will be speaking out, once again, across the aisle to call for the reaching of common ground on these major issues, like the debt ceiling, the budget, gun-control, immigration, tax reform, those kinds of things. i...
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Jan 20, 2013
01/13
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we have raised the debt ceiling 70-plus times. the congress has voted to do it. there was always a sense of we are not going to vote e to rai the other guys debt ceiling but there was always the understa that we would provide the votes in the final ananalysis. the president's party y did that. right now, what you have is a situation where the republican party is reduced to its lowest standing in the history of "the wall streeeet journal" nbc poll. the only thing that is worse is john boehner, 18% favorable. this is not a formidable parker. >> "politico" spoke to some unnamed republican leaders and they said that party leadaders have appeared to shut down the government to make a point. they may need to shut dowjust to get out of the system. we may need to do that for member-management purposes so that they can show their constituents they are fighting. get it out of the system kept? this is not a gastrointestinal system. thiss the government. >> i would offer therapy and not closing the government. the republicans have had a pretty unhappy experience with brinksm
we have raised the debt ceiling 70-plus times. the congress has voted to do it. there was always a sense of we are not going to vote e to rai the other guys debt ceiling but there was always the understa that we would provide the votes in the final ananalysis. the president's party y did that. right now, what you have is a situation where the republican party is reduced to its lowest standing in the history of "the wall streeeet journal" nbc poll. the only thing that is worse is john...
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Jan 20, 2013
01/13
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ceiling and your own history with the debt ceiling and doesn't that suggest we're going into a default because no one is talking to each other how to resolve this? >> no, major, i think if you look at the history, getting votes for the debt ceiling is always difficult. >> jon: president obama a little testy there answering a question from cbs news white house correspondent major garrett, formerly of this network. it was mr. obama's final news conference of his first term. so, what did you think, judy, about the questions that the president received? only seven of them for a news conference. the answers went on very long. >> you might even say stonewalling answers, each answer was roughly the equivalent of about seven and a half minutes. no wonder there's no time for follow-ups. look, the white house press corps, how many times do we have to talk about it. other than major garrett, who was a sight to see there, even jake tapper said, oh, yes, major always asks good questions, when he was on fox we didn't call on him much. that's what this is about. the white house press corps has to be
ceiling and your own history with the debt ceiling and doesn't that suggest we're going into a default because no one is talking to each other how to resolve this? >> no, major, i think if you look at the history, getting votes for the debt ceiling is always difficult. >> jon: president obama a little testy there answering a question from cbs news white house correspondent major garrett, formerly of this network. it was mr. obama's final news conference of his first term. so, what...
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Jan 19, 2013
01/13
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>> he already said he doesn't think anything should be tied to the debt ceiling. it's something you shouldn't play with the full faith and credit of the united states. what is interesting about this, coming out of the republican retreat that just occurred, there are some republicans within the republican house, republican caucus who actually agree with him on the sense that you don't play with the debt ceiling as the point to which to make cuts. there are other issues coming up like the continuing resolution and sequester cuts where they would like to make their last stand there for cutting getting spending cuts and allow on temporary extension without not much attached to it. >> heather: let's talk about the economy. the president starts his new term. less than 1% rate it as excellent. 9% say it's good shape. that is up a touch from his first inauguration but 91% of voters say economic conditions negatively today. why are we here again? >> you have to wonder. i point you back to november the conditions haven't changed all that much in two months. i would imagine
>> he already said he doesn't think anything should be tied to the debt ceiling. it's something you shouldn't play with the full faith and credit of the united states. what is interesting about this, coming out of the republican retreat that just occurred, there are some republicans within the republican house, republican caucus who actually agree with him on the sense that you don't play with the debt ceiling as the point to which to make cuts. there are other issues coming up like the...
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Jan 19, 2013
01/13
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MSNBC
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we're three-month pass of the debt ceiling. i want to see where you want things prioritized and the conversation to go in the next three months now that we've bought time away from the ticking clock again right after this break. it's not for colds. it's not for pain. it's just for sleep. because sleep is a beautiful thing™. ♪ zzzquil™. the non-habit forming sleep-aid from the makers of nyquil®. nothing. are you stealing our daughter's school supplies and taking them to work? no, i was just looking for my stapler and my... this thing. i save money by using fedex ground and buy my own supplies. that's a great idea. i'm going to go... we got clients in today. [ male announcer ] save on ground shipping at fedex office. [ male announcer ] save on ground shipping are you flo? yes. is this the thing you gave my husband? well, yeah, yes. the "name your price" tool. you tell us the price you want to pay, and we give you a range of options to choose from. careful, though -- that kind of power can go to your head. that explains a l
we're three-month pass of the debt ceiling. i want to see where you want things prioritized and the conversation to go in the next three months now that we've bought time away from the ticking clock again right after this break. it's not for colds. it's not for pain. it's just for sleep. because sleep is a beautiful thing™. ♪ zzzquil™. the non-habit forming sleep-aid from the makers of nyquil®. nothing. are you stealing our daughter's school supplies and taking them to work? no, i was...
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Jan 18, 2013
01/13
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CNN
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they say they are going to have a vote that will delay the debt ceiling for three months. so what they are doing, if you really look at house republicans who took the majority two years ago, they did it standing on principle for pretty much every squirmish. it seems that they are becoming a bit more sophisticated, rather, but their understanding, it seems, is that you have to pick your battles. losing credit ratings and so forth, that's not a smart battle to wage. look at some of the most conservative members of the house talking to deirdre walsh at the end of their retreat for three days about picking their battles in a better way. >> deal with the smaller ones first, maybe build up a little momentum, credibility, not only with the credit markets but with the folks back home, that we can actually deal with these things, take the small one first, debt ceiling last, i think it's a rational, reasonable thing to do. >> now, for some, wolf, maybe even those in the republican house leadership, like him talking about what is rational and reasonable, that may be a bit jarring but
they say they are going to have a vote that will delay the debt ceiling for three months. so what they are doing, if you really look at house republicans who took the majority two years ago, they did it standing on principle for pretty much every squirmish. it seems that they are becoming a bit more sophisticated, rather, but their understanding, it seems, is that you have to pick your battles. losing credit ratings and so forth, that's not a smart battle to wage. look at some of the most...
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Jan 18, 2013
01/13
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FBC
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next few months, with this debt ceiling fight. and try to extract more spending cuts out of democrats over the next few months. but again it has become clear through this strategy, appears we're going to have these spending and budgeting fight pretty much every few months in washington, as no long-term strategy is yet to emerge. back to you. ashley: you're thrilled by that, rich edson, thanks so much. tracy: poor guy. all right, let's talk more about that. house republicans laying out their strategy in this debt ceiling fight but will this no budget, no pay thing work to address our physical problems? joining us now, douglas holtz-eakin, president of the american action for rim. rich is talking about we're basically punting the debt ceiling three months. should the republicans drop the debt ceiling fight all together and focus on sequester, continuing resolution? they probably have more room to fight? >> getting it in this order, putting debt ceiling last, other bills first is to their advantage because they're fighting about spen
next few months, with this debt ceiling fight. and try to extract more spending cuts out of democrats over the next few months. but again it has become clear through this strategy, appears we're going to have these spending and budgeting fight pretty much every few months in washington, as no long-term strategy is yet to emerge. back to you. ashley: you're thrilled by that, rich edson, thanks so much. tracy: poor guy. all right, let's talk more about that. house republicans laying out their...
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Jan 18, 2013
01/13
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debt ceiling discussion, debt ceiling and the fact that the federal government will run out of money at the end of march. >> all those bring a confluence of an opportunity to drive a debate and drive changes that get us towards long-term prosperity and get us off of this notion that we can just continue to borrow and spend. >> reporter: it is clear most republicans want there to be spending cuts as part of these fiscal matters as they work on long-term extensions or solving these problems long term. jenna. jenna: mike, if we're hearing this, then the white house is probably hearing this as well. any reaction from the white house about potentially this plan from republicans? report or the jenna, --. >> reporter: jenna white house officials are saying if congress doesn't want to raise the debt ceiling they should authority rise president obama to do it himself. they should extend it so it doesn't cause concern for the economy and global markets. >> longstanding tradition for the congress to raise the debt ceiling. this is power they have given themselves, the point is without delay. a
debt ceiling discussion, debt ceiling and the fact that the federal government will run out of money at the end of march. >> all those bring a confluence of an opportunity to drive a debate and drive changes that get us towards long-term prosperity and get us off of this notion that we can just continue to borrow and spend. >> reporter: it is clear most republicans want there to be spending cuts as part of these fiscal matters as they work on long-term extensions or solving these...
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Jan 18, 2013
01/13
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the budget they voted for requires the debt ceiling to be raised. and now when the time comes to avoid default, they don't want to do it. but i think what you're seeing is speaker boehner knows this isn't a viable tactic. i think mr. ryan knows it's not a viable tactic. but there's a lot in the republican conference that continue to see this doomsday kind of approach as a viable approach. and i think that cooler heads are starting to prevail on the republican side. and that's a good thing. >> and you are part of this no labels coalition wanting to reach across the aisle. but let me read to you what david brooks wrote. polarization is too deep, special interests are too strong. the negotiators are too rusty. republicans are not going to give up their vision of a low-tax america. democrats are not willing to change the current entitlement programs. so realistically, do you really believe that the next four years are going to be different than the last four years? >> well, you know, i don't have a prediction. i have a job. and my job is to try to solve
the budget they voted for requires the debt ceiling to be raised. and now when the time comes to avoid default, they don't want to do it. but i think what you're seeing is speaker boehner knows this isn't a viable tactic. i think mr. ryan knows it's not a viable tactic. but there's a lot in the republican conference that continue to see this doomsday kind of approach as a viable approach. and i think that cooler heads are starting to prevail on the republican side. and that's a good thing....
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Jan 18, 2013
01/13
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FOXNEWS
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what ryan is suggesting is you just delay, you extend the debt ceiling for a few months and then you have the night oversee questions tracing, because there's already a hundred billion dollars in spending cuts that's baked in the cake that will take effect on march 1st. that's the point at which you say to the president if you're the republicans, look, we can either go with that hundred billion dolla dollar cut or work something else but we're going to cut a lot of money out of the budget. bill: can that idea move forward do you think. >> it makes a lot more sense. the republicans have a lot more leverage there and they don't run the risk and the president can't portray them at that point as being willing to default on the full faith and credit of the united states and sink the economy, and have credit ratings dropped and things like that. this is in a sense it's a flip of what happened with the fiscal cliff where one way or another taxes were going to go up on the rich was the bush tax cuts were going to expire. here there are going to be spending cuts that kick in on march 1st, so
what ryan is suggesting is you just delay, you extend the debt ceiling for a few months and then you have the night oversee questions tracing, because there's already a hundred billion dollars in spending cuts that's baked in the cake that will take effect on march 1st. that's the point at which you say to the president if you're the republicans, look, we can either go with that hundred billion dolla dollar cut or work something else but we're going to cut a lot of money out of the budget....
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Jan 18, 2013
01/13
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they'll push -- the question is how -- how do they push on the debt ceiling? do they say, look, we'll give you a short-term extension of the debt ceiling for a certain amount of spending cuts, or we'll give you a long-term extension like you want for even more spending cuts. can they force entitlement reform around medicare, for instance, even some of the -- in their view -- more limited things that the president wants to do around means testing and age and indexing to try to attach that to a debt-limit deal. do they move beyond the debt limit, try to get to the continuing resolutions and those kinds of things? they recognize that this is the only area of leverage that they have, but they want to be careful about it. >> so chuck todd, how does the white house deal with that supposed leverage? >> well, first i think the republicans are hoping that they have a manti te'o defense, that somehow it was all a hoax and maybe the election was a hoax and they can go back and redo everything. no. i think the republican -- the white house strategy is make the house repub
they'll push -- the question is how -- how do they push on the debt ceiling? do they say, look, we'll give you a short-term extension of the debt ceiling for a certain amount of spending cuts, or we'll give you a long-term extension like you want for even more spending cuts. can they force entitlement reform around medicare, for instance, even some of the -- in their view -- more limited things that the president wants to do around means testing and age and indexing to try to attach that to a...
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Jan 18, 2013
01/13
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ceiling. >> we've always raised the debt ceiling. we should pay our bills as the president said, we're not a dead-bet country. i'm glad they finally saw the light. we need to pay our bills and move forward. there is a stronghold of 75 republican tea party members who quite frankly do listen to the tea party in many ways, and hopefully this is a signal that they too need to understand that this should not be an issue. it should not be held honestly. hostage. we should raise the debt ceiling. that's an automatic. we should move forward and talk about how we create jobs. by creating jobs we reduce the deficit. >> jennifer: i'm take taking it as an encouraging sign that the tea party can be moved by public voices. if they can be moved on the debt ceiling of all things, maybe they could be moved on guns. you wrote in the "huffington post," advocating reducing defense spending so you can spend more money and invest in the united states. the question is in the negotiations in congress over the spending do you see that happening? >> we've go
ceiling. >> we've always raised the debt ceiling. we should pay our bills as the president said, we're not a dead-bet country. i'm glad they finally saw the light. we need to pay our bills and move forward. there is a stronghold of 75 republican tea party members who quite frankly do listen to the tea party in many ways, and hopefully this is a signal that they too need to understand that this should not be an issue. it should not be held honestly. hostage. we should raise the debt...
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Jan 17, 2013
01/13
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CSPAN
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>> look, there is a long tradition here of congress acting to raise the debt ceiling. this is a power that they've brought -- that they've given themselves to do. and the point is -- without drama and delay. a monthly extension is drama, okay? congress should simply do its job. it should not -- we're not going to negotiate over extending the debt ceiling. >> but is the president saying he's willing to revisit this within a year? would he like five years? i mean, what is he saying? >> i think the president made clear the other day that he would happily take on the responsibility himself if congress can't handle it. so the fact is, congress should simply extend the debt ceiling, and do so in a manner that causes no concern to the economy and to global markets, that does not in any way suggest that washington is about to engage in another process that results in a self-inflicted wound to the economy. so it's sort of a moot point because it should just be extended in a way that does not raise concern about whether or not the united states of america pays its bills. >> okay
>> look, there is a long tradition here of congress acting to raise the debt ceiling. this is a power that they've brought -- that they've given themselves to do. and the point is -- without drama and delay. a monthly extension is drama, okay? congress should simply do its job. it should not -- we're not going to negotiate over extending the debt ceiling. >> but is the president saying he's willing to revisit this within a year? would he like five years? i mean, what is he saying?...
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Jan 17, 2013
01/13
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. >>> just a few hours ago paul ryan claimed to have the solution to our debt ceiling impasse. he calls it a short-term debt limit extension. you may know it better as kicking the can down the road. which reminds me, there was someone just a few months ago who was famously against that kind of a deal. who was it? >> kick the can. kick the can. kick the can. >> right, of course. that's who it was. joining us is jonathan alter and jared bernstein. welcome to you both. john, we've seen speaker boehner's power getting weaker and weaker. is paul ryan now the de facto head of the gop? >> well, you know, actually, martin, i think he has been much more influential than people realize -- >> because he's been quite quiet publicly. >> going back to 2011. he has so much respect within that republican caucus. he's the guy who killed simpson/bowl simpson/bowles. he was on the simpson/bowles commission and wasn't willing to have any revenue increases. his fingerprints were not on it. and then when it came to the grand bargain, he told john boehner wait until the election. don't do this deal.
. >>> just a few hours ago paul ryan claimed to have the solution to our debt ceiling impasse. he calls it a short-term debt limit extension. you may know it better as kicking the can down the road. which reminds me, there was someone just a few months ago who was famously against that kind of a deal. who was it? >> kick the can. kick the can. kick the can. >> right, of course. that's who it was. joining us is jonathan alter and jared bernstein. welcome to you both. john,...
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Jan 17, 2013
01/13
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he'd rather have a conversation about guns than the debt ceiling? >> i think the president is trying to get political support from his base, maybe he feels it strengthens him going into negotiations with the republicans or the fiscal issues. listen these guys won't even ban assault weapons, how can you trust them on taxes and spending. i see it as building up his political position which is not wrong but i don't think in his heart of hearts he thinks he's going to pass any significant legislation. >> congressman king in the studio after my asking all the time. >> i couldn't stay away from you, soledad. >> she's not really a tough interviewer is she? >> she's very nice and multiracial -- >> are we rolling on this? i love this. keep the nice part. i would appreciate that. >> she was the irish-american woman of the year, there you go. >> and i accepted. nice to have you congressman, appreciate it. >>> other stories making news john has that for us. >> lots of questions about the story involving notre dame's manti te'o and his girlfriend who was suppose
he'd rather have a conversation about guns than the debt ceiling? >> i think the president is trying to get political support from his base, maybe he feels it strengthens him going into negotiations with the republicans or the fiscal issues. listen these guys won't even ban assault weapons, how can you trust them on taxes and spending. i see it as building up his political position which is not wrong but i don't think in his heart of hearts he thinks he's going to pass any significant...
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Jan 16, 2013
01/13
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the debt ceiling is not there now? >> even if you don't want to listen to the president, like, listen to fitch and moodies and all the rating agencies who say this is not an economic issue. this is a political crisis that the united states is going through right now. and the thing about this, rev, is that this is a policy without a constituency. who backs this? who backs the idea to say basically, we're going to spend and spend and spend. and when the bills come up, we're not going to debate how we're going to spend in the future. if you want to have a larger conversation about spending, then we can have a larger conversation about spending. the moment we confuse them is when we start damaging the long term prospects of where this country can be economically. >> but nia, in fairness, there have been, at least in this area, some prominent republicans that are starting to point out that this is a little too far up here. senator murkowski says if you incur an obligation, you have the responsibility to pay for that. and th
the debt ceiling is not there now? >> even if you don't want to listen to the president, like, listen to fitch and moodies and all the rating agencies who say this is not an economic issue. this is a political crisis that the united states is going through right now. and the thing about this, rev, is that this is a policy without a constituency. who backs this? who backs the idea to say basically, we're going to spend and spend and spend. and when the bills come up, we're not going to...
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Jan 16, 2013
01/13
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susan collins believes the debt ceiling must be raised. we have seen how the debt ceiling can be raised without a battle. the first read today, this is an interesting development that perhaps will expedite this debt ceiling battle. >> we have a lot more twists and turns to come in the battle. one of the best predictors of whether one side will win or lose and how unify and united that side is. we are seeing fizzures among republicans and conservative writers as well as gop interest groups who are saying we shouldn't pick a fight when it comes to the debt ceiling. maybe it's better to pick a fight over shutting the government down rather than risking the default of the government when it comes to raising the debt ceiling. this is a significant development. it shows a lot of people thought we were looking ahead to the debt ceiling and the republicans had a lot more leverage. that can call it into question. >> that are sounds like the president describes. i use the word lurching to the next crisis ahead. it was the fiscal cliff and then it wa
susan collins believes the debt ceiling must be raised. we have seen how the debt ceiling can be raised without a battle. the first read today, this is an interesting development that perhaps will expedite this debt ceiling battle. >> we have a lot more twists and turns to come in the battle. one of the best predictors of whether one side will win or lose and how unify and united that side is. we are seeing fizzures among republicans and conservative writers as well as gop interest groups...
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Jan 16, 2013
01/13
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CNBC
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that the debt ceiling is adjusted to accommodate the budget that we pass. and there is an enormous amount of hypocrisy going on. and i admit on the democratic side on the past, you know, it is like you going out and buying a refrigerator on your credit card and then 20 days later the bill shows up and you see you are over your debt limit, so you tell the freezer company, you're not paying it. the decision when you spend the money or raise taxes -- >> thank you very much for your answer. hope you will come back and join us again sometime. >> thank you. >> second inauguration of president obama takes place on monday, january 21st. that will martin luther king, jr. he will be sworn in on the day before, the 20th, as per the constitution. i will host a special cnbc event. it begins at 11:00 a.m. eastern time. that is, monday, martin luther king, jr. day. >> sue? >> ty, shares of lululemon continue to be under pressure on the back of the latest outlook. what is ahead for the yoga appear el maker? courtney is live in miami. courtney? ♪ ♪ ♪ [ male announcer
that the debt ceiling is adjusted to accommodate the budget that we pass. and there is an enormous amount of hypocrisy going on. and i admit on the democratic side on the past, you know, it is like you going out and buying a refrigerator on your credit card and then 20 days later the bill shows up and you see you are over your debt limit, so you tell the freezer company, you're not paying it. the decision when you spend the money or raise taxes -- >> thank you very much for your answer....
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Jan 16, 2013
01/13
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but you also have the president is up against republicans, he trying to work on the debt ceiling. you have the whole issue of whether or not the debt ceiling is going to be raised, whether or not that is going to be held hostage to actually paying the bills the government has to pay. you also talk about immigration reform. where does this fit in in terms of the president's priorities, do you think? >> well, from where i sat today, obviously it seems to be a very high priority for the president of the united states. i'll let the white house and the administration answer how they're going to deal with congress. that's their task, not mine. but i'm confident that the president, the vice president and the entire administration is going to do everything they can to get the package they proposed today through congress. and, you know, when you heard the president say, i think it's essential, american citizens, the american people have to demand this. we have to act. when you have 1,000 people nearly killed in last 30 days at the hands of gun, when you have mass tragedies like happened in
but you also have the president is up against republicans, he trying to work on the debt ceiling. you have the whole issue of whether or not the debt ceiling is going to be raised, whether or not that is going to be held hostage to actually paying the bills the government has to pay. you also talk about immigration reform. where does this fit in in terms of the president's priorities, do you think? >> well, from where i sat today, obviously it seems to be a very high priority for the...
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ceiling. geithner says he will replace the money, about $156 billion, once the debt limit is raised. it should not jeopardize monthly pension payments. >>> the world anti-doping agency says if lance armstrong wants to compete, he'll have to testify under oath. in a tell-all interview with oprah airing tonight, armstrong admits to doping. we're also hearing from the livestrong foundation which said in a statement, we expect lance to be completely truthful and forthcoming in his interview and with all of us in the cancer community. inspired by the people with cancer whom we serve, we feel confident and optimistic about the foundation's future and welcome an end to speculation. >>> just moments ago, look at this, crews rescued a woman who had been trapped for several hours in between buildings in portland, oregon. she apparently went out for a smoke break and somehow fell into a tight space between those buildings. firefighters actually had to cut through a wall of a parking garage to get her out
ceiling. geithner says he will replace the money, about $156 billion, once the debt limit is raised. it should not jeopardize monthly pension payments. >>> the world anti-doping agency says if lance armstrong wants to compete, he'll have to testify under oath. in a tell-all interview with oprah airing tonight, armstrong admits to doping. we're also hearing from the livestrong foundation which said in a statement, we expect lance to be completely truthful and forthcoming in his...
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that is far from a don't raise the debt ceiling ultimatum. boehner has now shown that he's willing to break glass and allow legislation to pass without a majority of the majority. perhaps we've seen the near future in how the republicans end up agreeing to a debt ceiling raise without a battle. government funding and government shutdown, different story. >>> let's turn back to the big story of the day. and that is the president's push on guns and the coming fight with both congress and the nra. in addition to calling on congress to pass gun control legislation, the president will propose a set of executive actions. nbc's justice correspondent pete williams is here to help explain some of those executive actions. a big one that we know he's going to call for is this idea, pete, of basically ordering the justice department to prosecute people that fail background checks. explain why that hasn't been done before, and how it can be done. >> sure, first of all. the federal law makes it a crime for somebody to falsify, knowingly falsify information
that is far from a don't raise the debt ceiling ultimatum. boehner has now shown that he's willing to break glass and allow legislation to pass without a majority of the majority. perhaps we've seen the near future in how the republicans end up agreeing to a debt ceiling raise without a battle. government funding and government shutdown, different story. >>> let's turn back to the big story of the day. and that is the president's push on guns and the coming fight with both congress and...
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the debt ceiling issue should become a partisan issue. i appeal to the republicans to realize they should not place us in that kind of jeopardy. there will be hearing. we will work on witnesses today. i hope we will be resolving who the witnesses will be. i think there'll be concentration as to who they pick and our choice, one witness out of four. host: might it be secretary geithner? guest: no. host: tony. hi, tony. caller: good morning. guest: where is olive branch? i have been across the bridge there. caller: the talk about congress and everybody is looking at discretionary spending. we're finding the black rhino but we cannot take care of grandma. otherbuilding mosques foreign countries. people have to worry about being on the street and being homeless. we send money to countries to improve their water systems. thinking about the pipes in china. money out of this country. he talked about people spending money and avoiding taxes. host: we will get a response. guest: i do not know the last figure. we do have foreign assistance. it is a
the debt ceiling issue should become a partisan issue. i appeal to the republicans to realize they should not place us in that kind of jeopardy. there will be hearing. we will work on witnesses today. i hope we will be resolving who the witnesses will be. i think there'll be concentration as to who they pick and our choice, one witness out of four. host: might it be secretary geithner? guest: no. host: tony. hi, tony. caller: good morning. guest: where is olive branch? i have been across the...
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and let's take it to them on the debt ceiling. that is what we'll do on the debt limit. that is where we'll fight the battle. that is where we're take it to obama, that is where we'll make him pay and get the spending cuts. remember that? that is where we're at. we're now at the debt limit. and guess what? this is not the time to fight this battle. we can't win anything on the debt limit. and when we get to march and the continuing resolution -- you know what, what will be said then? this is not the hilda fight, we don't want to be responsible for people not getting their social security checks. we don't want to be blamed for it. >> joining me now are ryan grim, washington bureau chief for "huffington post," ryan, so really, they on the debt ceiling, if all the democrats voted to raise it they would only need 18 republican votes to raise it. is that the kind of thing we're going to see happen? >> i mean, you're either going to see that or a complete and total cave. but i don't think you will see a complete and total one, because you have the tea party still hanging aroun
and let's take it to them on the debt ceiling. that is what we'll do on the debt limit. that is where we'll fight the battle. that is where we're take it to obama, that is where we'll make him pay and get the spending cuts. remember that? that is where we're at. we're now at the debt limit. and guess what? this is not the time to fight this battle. we can't win anything on the debt limit. and when we get to march and the continuing resolution -- you know what, what will be said then? this is...
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but when it comes to the debt ceiling, the debt ceiling, by definition, isn't about authorization new spending. it is about paying the bills that we have already racked up. so are you just trying to say that you want to have this conversation together, at the same time? >> this is about, this is -- raising the debt ceiling is like raising your credit card limit. and historically, this has been a debate. you look over the last four presidents in this country, and there's been a debate, every time, it has come to raising the debt ceiling. because there's a recognition, for years now, that the federal government has been spending way more than it should, way beyond its means, much more than it's actually bringing in. and now, it is -- we cannot continue to kick this can down the road. we've come to the end of the road. it is time for us to stop spending money we don't have. >> former republican speaker newt gingrich is not exactly conflict averse, i think you'd agree, and he has warned the house republicans not to take up this debt ceiling fight. listen. >> asking barack obama not to be
but when it comes to the debt ceiling, the debt ceiling, by definition, isn't about authorization new spending. it is about paying the bills that we have already racked up. so are you just trying to say that you want to have this conversation together, at the same time? >> this is about, this is -- raising the debt ceiling is like raising your credit card limit. and historically, this has been a debate. you look over the last four presidents in this country, and there's been a debate,...
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first, raise the debt ceiling, allowing america to pay for its bills that it already racked up. then come up with a longer term plan that could put us back in fiscal good health. america's ability to meet its obligations should not be held hostage to an agreement on spending cuts. >>> retail sales went up by half a percentage in december. cars saw the biggest gain, jumping 1.8% at dealerships. other stores that see sales go up during the holiday season, like clothing and electronics, barely saw gains. while sales are expected to increase in 2013, it is slow going for now. for one thing, americans are getting a little less in their paycheck, now that the payroll tax holiday has ended. and a little less money means a little less shopping for now. >>> dude, did you hear about dell? shares of the computermaker jumped 15% in the last two days after a bloomberg report said that it is in buyout talks with a couple of private equity firms. the company founded in ceo michael dell's dorm room in texas in the '80s has been struggling lately as pc sales drop off. going private would allow d
first, raise the debt ceiling, allowing america to pay for its bills that it already racked up. then come up with a longer term plan that could put us back in fiscal good health. america's ability to meet its obligations should not be held hostage to an agreement on spending cuts. >>> retail sales went up by half a percentage in december. cars saw the biggest gain, jumping 1.8% at dealerships. other stores that see sales go up during the holiday season, like clothing and electronics,...
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could hit the debt ceiling as soon as mid-february. joining me now, host of "power lunch," tyler matheson. good to see you again. >> hi, tamron. >> we have the threat of our credit rating being downgraded here as wall street keeps an eye just like people at home what's happening in d.c. with the latest battle. >> this is really the biggy. compared with the fiscal cliff which was by all accounts a roughly familiar tax and spending debate, this one has far more import because it will determine whether among other things the united states continues to make good on the obligations it has already undertaken. interest and principal on the debt we have borrowed. our credit rating which was so famously downgraded in the summer of 2011 hangs in the balance here. and of course, people on both sides of the aisle are fighting over whether it is fair game to use the debt ceiling as a piece of political leverage to get the government to stop its spending. on the one hand, people on the right say, well, what else are we going to use? we are engaging
could hit the debt ceiling as soon as mid-february. joining me now, host of "power lunch," tyler matheson. good to see you again. >> hi, tamron. >> we have the threat of our credit rating being downgraded here as wall street keeps an eye just like people at home what's happening in d.c. with the latest battle. >> this is really the biggy. compared with the fiscal cliff which was by all accounts a roughly familiar tax and spending debate, this one has far more import...
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congress has just weeks to increase our debt ceiling. fitch, a leading credit ratings agency, says a repeat of the 2011 debt limit crisis would spark a formal review of our country's aaa rating. that could mean a downgrade by them. now you might remember, s&p, a different agency, already downgraded our country in 2011. that was the first time in our history that that happened. the president is taking a hard-line stand, issuing a warning of his own to the gop. >> we have to pay our bills. congress has two choices here. we can act responsibly and pay america's bills. or they can act irresponsibly and put america through another economic crisis. but they will not collect a ransom in exchange for not crashing the american economy. jenna: republicans like congressman jason chaffetz blasting back against the president. >> i think the president was terribly irresponsible today. to say he will not talk about it because he is above it, but blame all of congress, in part congress helped create this problem but we are going to hear to solve this pr
congress has just weeks to increase our debt ceiling. fitch, a leading credit ratings agency, says a repeat of the 2011 debt limit crisis would spark a formal review of our country's aaa rating. that could mean a downgrade by them. now you might remember, s&p, a different agency, already downgraded our country in 2011. that was the first time in our history that that happened. the president is taking a hard-line stand, issuing a warning of his own to the gop. >> we have to pay our...
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and if we go forward, just drop this debt ceiling craziness, or vote to increase the debt ceiling and also with the continuing resolution and the sequester, that we do things in a bipartisan way, but not necessarily with a majority of the majority in the house. >> stephanie: uh-huh. here is the president yesterday talking about his appointments. >> obama: i would suggest that everybody wait until they have seen all of my appointments who is in the white house staff and who is in my cabinet before they rush to judgment. >> stephanie: it reminds me congress woman, we talked about this yesterday -- we are really -- at lease you are -- trying to govern in unprecedented times. we have never seen the hostage with the debt limit, and every nominee that the president puts forward they oppose just because the president is for it. >> certainly in the 14 years that i have been here but i think some of those issues like the debt ceiling, this is absolutely new territory. >> stephanie: yeah even the republican party -- we have just not seen a version of it that it was willing to take the united st
and if we go forward, just drop this debt ceiling craziness, or vote to increase the debt ceiling and also with the continuing resolution and the sequester, that we do things in a bipartisan way, but not necessarily with a majority of the majority in the house. >> stephanie: uh-huh. here is the president yesterday talking about his appointments. >> obama: i would suggest that everybody wait until they have seen all of my appointments who is in the white house staff and who is in my...
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. >>> to washington now where yet another battle is brewing, this time it's over the debt ceiling and from the white house to capitol hill democrats and republicans are sparring over the best way to ensure the nation pays its bills and now they're taking the fight to you as both sides try to sell their point of view. president obama warning about what could happen if that debt limit is not raised. >> if congressional republicans refuse to pay america's bills on time, social security checks, and veterans benefits will be delayed. we might not be able to pay our troops or contracts with small business owners. investors around the world will ask if the united states of america a safe bet. >> the republican house speaker john boehner responding immediately to the president's remarks issuing a statement that read "the american people do not support raising the debt ceiling without reducing government spending at the same time. the consequences of failing to increase the debt ceiling are real, but so, too, are the consequences of allowing our spending problem to go unresolved." joining us i
. >>> to washington now where yet another battle is brewing, this time it's over the debt ceiling and from the white house to capitol hill democrats and republicans are sparring over the best way to ensure the nation pays its bills and now they're taking the fight to you as both sides try to sell their point of view. president obama warning about what could happen if that debt limit is not raised. >> if congressional republicans refuse to pay america's bills on time, social...
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to reduce the debt ceiling, we talked to businesses outside of new york, if we don't raise the debt ceiling, it's a potential, reality for wrecking -- >> that's the wrong time. >> the debt ceiling is the wrong time to do it. >> saying you can't do it with the debt ceiling, can't do it with the fiscal cliff, can't do it shutting down the government. all i'm talking about, the president of the united states has absolutely no is in no position to talk about who's being reckless with the debt. the real default has come from his lack of leadership on deficits and debts. the federal deficit has been over a trillion dollars all four years he's been president of the united states. he's done absolutely nothing to curb the costs of these programs that will, according to democra democrats -- >> hmm. >> bankrupt us. what has harry reid rand democrats done in the senate? absolutely nothing. how many days since they passed a budget? >> 1,357. >> 1,357 days since democrats have passed a budget in the united states senate. >> let's talk about that lack of leadership so many people have criticized the presi
to reduce the debt ceiling, we talked to businesses outside of new york, if we don't raise the debt ceiling, it's a potential, reality for wrecking -- >> that's the wrong time. >> the debt ceiling is the wrong time to do it. >> saying you can't do it with the debt ceiling, can't do it with the fiscal cliff, can't do it shutting down the government. all i'm talking about, the president of the united states has absolutely no is in no position to talk about who's being reckless...
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we will meet our obligations on our debt regardless of the debt ceiling. we will not default. that is an absolute, we will not default. the idea that we will if we don't raise the debt creel something an absolute flat out myth. >> gretchen: what else did he say you didn't agree with? >> the use of the expression, dead beat nation, that really is talking down america. the president is encouraging congress, encouraging america to pay its bills using a credit card to pay its bills, using borrowed money to pay its bills. that credit card will never be paid off and the balance on it will never be paid down. that is dead beat behavior and that should be pointed out. by using that expression, the president is talk down america. we stand not as tall in the eyes of the world when the president uses that kind of language. >> gretchen: could it also be he was talking down to republicans because he thinks right now that he has the majority of the american people on his side? to me, his words, whether or not they're true, resonate with some americans because he simplifies his message and d
we will meet our obligations on our debt regardless of the debt ceiling. we will not default. that is an absolute, we will not default. the idea that we will if we don't raise the debt creel something an absolute flat out myth. >> gretchen: what else did he say you didn't agree with? >> the use of the expression, dead beat nation, that really is talking down america. the president is encouraging congress, encouraging america to pay its bills using a credit card to pay its bills,...
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another big issue facing congress is the debt ceiling. treasury secretary timothy geithner released a letter this week saying the government could run out its borrowing authority in as little as four weeks. now, republicans are trying to use this chance to force the democrats into serious long-term spending cuts but obama insists this is about paying the bills congress has already racked up. more bill up next. just be grateful current tv does not come in smellivision. the sweatshirt is nice and all but i could use a golden lasso. (vo) only on current tv. >> announcer: broad broadcasting across the nation and on tv on current tv. >> bill: breaking news, clarence thomas has spoken. for the first time in seven years. at the supreme court. clarence thomas uttered maybe three words. maybe four. nobody is sure what he said. but he did show signs of life. oh, my god. what do you say? good morning everybody. with that bit of astounding news, we start off the "full court press" this tuesday morning, january 15. great to see you today. welcome, wel
another big issue facing congress is the debt ceiling. treasury secretary timothy geithner released a letter this week saying the government could run out its borrowing authority in as little as four weeks. now, republicans are trying to use this chance to force the democrats into serious long-term spending cuts but obama insists this is about paying the bills congress has already racked up. more bill up next. just be grateful current tv does not come in smellivision. the sweatshirt is nice and...
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trimg the deficit should be separate from the debt ceiling. >> raising the debt ceiling does not authorize us to spend more. all it does is a america will pay its bills. we are not a deadbeat nation. >> john boehner said the american people do not support raising the debt ceiling without reducing government spending at the same time. >> listen to this. a medical scare in a buffalo, new york veteran's hospital. many may have been exposed to hiv. the pens are designed to be used by one person, but many of them were used on multiple people. >> surfers, beware. you have to look at this video. it's shocking. >> standing on the shore? >> he has his toes in the water. two sharks were spotted dangerously close to shore in honolulu. this was off of oahu. they are like ten feet offshore. >> i will call him a dingaling if he is in the water. >> he's a hero. >> there is flooding and ice. from the weather center, you said snow is on the way as well? >> that's right. it's coming to you guys. it's coming into a north and west of new york into connecticut as well. that's not today's concern. we have the s
trimg the deficit should be separate from the debt ceiling. >> raising the debt ceiling does not authorize us to spend more. all it does is a america will pay its bills. we are not a deadbeat nation. >> john boehner said the american people do not support raising the debt ceiling without reducing government spending at the same time. >> listen to this. a medical scare in a buffalo, new york veteran's hospital. many may have been exposed to hiv. the pens are designed to be used...
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maybe we shouldn't call this the debt ceiling at all. maybe we should change it the downgrade ceiling because this game of chicken is sick. >> sometimes semantics can make all the difference. >>> breaking news. "usa today" is reporting that lance armstrong has confessed to using performance enhancing drugs. i am looking at just rapped with lance armstrong, 2 1/2 hours. he came ready. what he did tell her? >> he confessed to doping in his cycling career. the interview just wrapped. and there is a confidentiality agreement about the show. it won't air until thursday. the plan all along was to use the venue to confess. make an admission about doping in his cycling career. something he's never done before. he's denied it for years and attacked those who accused him of it for years. >> significant development. >> attacked and attacked aggressively. denied allegations so many times. many people who thought there was no way he could tell the truth believed him. the power and passion in which he denied it. now he has admitted to something, now t
maybe we shouldn't call this the debt ceiling at all. maybe we should change it the downgrade ceiling because this game of chicken is sick. >> sometimes semantics can make all the difference. >>> breaking news. "usa today" is reporting that lance armstrong has confessed to using performance enhancing drugs. i am looking at just rapped with lance armstrong, 2 1/2 hours. he came ready. what he did tell her? >> he confessed to doping in his cycling career. the...